Dennis Loiacono is member of Simpson Thacher’s Real Estate Practice where he advises private equity firms, financial institutions and large companies in domestic and international real estate matters involving mergers, acquisitions, sales and debt and equity financings. Dennis also advises clients in connection with real estate-related restructuring matters, securitizations and project finance.
Dennis frequently advises arrangers and sources of capital including JPMorgan, Goldman Sachs, Morgan Stanley, Bank of America, Citigroup and several other large and middle-market financial institutions in lending and capital markets transactions with critical real estate issues.
He counsels the foremost private equity firms on real estate issues throughout the investment lifecycle, including Blackstone, KKR, Digital Bridge, Stone Point, Hellman & Freidman, Centerbridge Partners, EQT Private Equity and Apax Partners.
Dennis has also advised numerous strategic and private equity clients in connection with the acquisition, financing and disposition of energy and infrastructure assets, including Blackstone, Blackrock, Stonepeak Infrastructure Partners, Global Infrastructure Partners, EQT Infrastructure, KKR and NextEra Energy.
Dennis has valuable experience advising data center clients on financing matters, including Vantage, Switch, Databank, TierPoint, CenterSquare, Flexential, and QTS.
His recent transactions have included advising:
- KKR and its portfolio companies in numerous transactions, including the $3.37 billion acquisition of a non-controlling, 20% interest in Sempra Infrastructure Partners, the formation of Global Technical Realty, the acquisition of The Parking Spot, the establishment of a joint venture with T-Mobile that will acquire Metronet, the acquisition of Heartland Dental, the acquisition of PetVet Care Centers, the $5.5 billion sale of Capsugel, and Internet Brand’s $2.8 billion acquisition of WebMD;
- Blackstone and its portfolio companies in multiple transactions, including its proposed acquisition of a majority ownership position in Jersey Mike’s Subs, its $8.4 Billion acquisition of Smartsheet with Vista Equity Partners, its investment in Carrix, and AMERGINT Technologies in its acquisition of Raytheon Technologies’ Space-Based Precision Optics;
- JPMorgan Chase Bank, N.A. as lead arranger or agent in several financings, including GrafTech International’s recapitalization, iStar’s term loan facility, Gartner’s committed financing in connection with its purchase of CEB, Inc. and NORDAM’s debtor-in-possession financing;
- Funds managed by Stone Point Capital in connection with their joining with GTCR as an investor in Ultimus Fund Solutions;
- Capital Power Corporation in its acquisition of the (i) 1,124 MW Hummel Station, a combined-cycle natural gas facility in Shamokin Dam, Pennsylvania and (ii) 1,023 MW Rolling Hills plant, a combustion turbine natural gas facility in Wilkesville, Ohio;
- Morgan Stanley as the initial purchasers of several notes issuances, including $3.75 billion of notes issued by Veritas and $1.25 billion of notes issued by Micron Technology;
- Stonepeak in several transactions, including the agreement of an affiliate company of Textainer (Stonepeak’s portfolio company) to acquire Global Sea Containers Limited, its $5.7 billion acquisition of a 40% interest in Louisiana LNG Infrastructure LLC, its $2.4 billion acquisition of Intrado Corporation’s safety business, its acquisition of Rinchem Company, its acquisition of Cologix, and the $661 million acquisition by Astound Broadband (Stonepeak's portfolio company) of certain assets from WideOpen West;
- TierPoint in the initial securitization and multiple ABS offerings of Secured Data Center Revenue Notes, totaling over $2.1 billion;
- DataBank in connection with the first-ever securitization comprised solely of colocation data center revenue and in subsequent ABS offerings of Secured Data Center Revenue Notes, totaling over $2.25 billion;
- Flexential in the initial securitization and multiple ABS offerings of Secured Data Center Revenue Notes, totaling over $2.5 billion;
- CenterSquare in its initial securitization and multiple ABS offerings of Secured Data Center Revenue Notes, totaling over $1.925 billion;
- CIM Group in its $200 million private capital financing for Applied Digital;
- DigitalBridge Group and IFM Investors in the financing related to their $11 billion acquisition of Switch as well as the $2.4 billion CMBS refinancing of data centers in Nevada;
- QTS in its inaugural ABS issuance of Secured Data Center Revenue Notes, totaling over $1.5 billion;
- Switch in its inaugural ABS issuance of Secured Data Center Revenue Notes, totaling $751 million;
- Vantage Data Centers in connection with the first-ever securitization of data center revenue and in subsequent ABS offerings of Secured Data Center Revenue Notes, totaling over $6 billion;
- Microsoft Corporation in its $75 billion acquisition of Activision Blizzard and its $7.5 billion acquisition of GitHub;
- TIH in its $7.75 billion sale of its McGriff Insurance Services business;
- Johnson Controls International plc in connection with its announced agreement to sell its Residential and Light Commercial HVAC business to the Bosch Group in an all-cash transaction valued at $8.1 billion;
- EQT in its $3 billion acquisition of Perficient;
- NN, Inc. in the sale of its Life Sciences business to affiliates of American Securities;
- Snow Phipps Group in its acquisition of Prototek;
- Authority Brands and Apax Partners in Authority Brand’s acquisition of Monster Tree Service;
- BMC Stock Holdings, Inc. in its all-stock merger with Builders FirstSource;
- Tosca Services and Apax Partners in Tosca’s acquisition of Contraload;
- G-III Apparel Group in the restructuring of its retail operations segment;
- The initial purchasers in concurrent senior secured notes offerings aggregating approximately $1.1 billion and the arrangers in an extension of senior secured revolving credit facilities by Diebold Nixdorf;
- The initial purchasers in a $500 million notes offering by SBA Communications;
- The underwriters in a common stock offering by Brinker International;
- Harsco in its acquisition of Stericycle’s Environmental Solutions business;
- The joint lead arranger and joint bookrunner in Weatherford’s exit financing;
- Gardner Denver in its combination with Ingersoll Rand’s Industrial segment;
- Syncsort in its $700 million acquisition of Pitney Bowes’ Software Solutions business;
- PHC Holdings in its acquisition of the Anatomical Pathology business of Thermo Fisher Scientific; and
- Hovnanian Enterprises in several debt financing transactions
Dennis received his J.D., cum laude, from Hofstra University School of Law and a B.S. from the University of Maryland. He is admitted to practice in New York.